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ESPN Bet Live (formerly Daily Wager) is an American sports betting discussion program, broadcast by ESPN2 on Thursday, Friday, and Monday evenings, and Saturday and Sunday mornings. [1] Hosted by Doug Kezirian, it features sports news and analysis presented from the perspective of sports betting.
Spread betting was invented by Charles K. McNeil, a mathematics teacher from Connecticut who became a bookmaker in Chicago in the 1940s. [5] In North America, the gambler usually wagers that the difference between the scores of two teams will be less than or greater than the value specified by the bookmaker, with even money for either option.
The sports line eventually led to a 12-year stint on the CBS Sunday morning show, The NFL Today, a pregame show for National Football League (NFL) games, starting in 1976. Known simply as "Jimmy the Greek," he would appear in segments with sportscaster Brent Musburger and predict the results of that week's NFL games. While already famous in ...
The first spread Andrews comes to for an NFL game is simple math, using the power ratings: If Team A is 90, Team B is 91 and at home with a 2.5-point home-field advantage, the line is Team B -3.5.
If you bet $110 on every underdog against the spread last season, you would have lost $930. Underdogs won outright in just 97 of 272 games last season. That is a winning percentage of under 36%.
Here are the opening lines for the first-round games (four matchups won't be set until the First Four is completed), with the spreads from BetMGM: East Region No. 1 UConn (-26.5) vs. No. 16 Stetson
McNeil's method is used today in different areas; anything from basketball to poker. He started the new method of trading and changed the way people bet. [6] [better source needed] McNeil's invention, the point spread, revolutionized sports betting by introducing a method of wagering on the margin of victory between competing teams.
Sqore compiled a list of five of the biggest sports betting scandals in U.S. history. While the sports betting theft scandal involving L.A. Dodger Shohei Ohtani dominated sports headlines in early ...